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Zumiez on SSS Growth Trail - Analyst Blog
Thursday, January 6, 2011 - 6:46pm | 591Specialty retailer Zumiez Inc. (ZUMZ) reported a same-store sales growth of 9.2% for the five-week period ending January 1, 2011. This is a substantial jump from an increase of 0.3% in the year-ago period. Total net sales for December were $88.5 million, up by a sharp 14.1% from $77.6 million...
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Thursday's Stock Movers (TGT, GPS, NVDA, VRX)
Thursday, January 6, 2011 - 6:36pm | 167A number of stocks were lighting up screens across Wall Street on Thursday. Names that were bleeding red included Gap (NYSE: GPS) and Target (NYSE: TGT), both of which reported weaker than expected same store sales numbers. GPS shares fell 6.88% to $20.70. TGT lost 6.80% to $54.93. Both stocks...
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Syms Corp Reports Third Quarter 2010 Net Loss of $3.3M
Thursday, January 6, 2011 - 6:01pm | 82Syms Corp (Nasdaq: SYMS) announced results today for its third quarter ended November 27, 2010. For the third quarter ended November 27, 2010, the Company had a net loss of $3.3 million ($0.23 per share) as compared to a net profit of $25.6 million ($1.76 per share) for the quarter ended November...
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Hot Topic Still In Red - Analyst Blog
Thursday, January 6, 2011 - 5:03pm | 443Hot Topic Inc. (HOTT) reported a decline of 1.7% in same-store sales for the five weeks ended January 1, 2011. However, the drop in same-store sales narrowed considerably from a decline of 10.9% witnessed in the prior-year month and slightly from a decline of 2.1% in November 2010. This marked...
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Spreading Tools in the OX Toolbox 01-06-2011
Thursday, January 6, 2011 - 4:53pm | 875Cusick's Corner SPREADING: it's a way to mitigate time, volatility, and premium risk. Here are some tools to consider utilizing before entering a spread. I usually talk about determining market sentiment first – so use our Chart Patterns tool. For assessing volatility, use the Dragon or...
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Hot Topic Still In Red - Analyst Blog
Thursday, January 6, 2011 - 4:26pm | 443Hot Topic Inc. (HOTT) reported a decline of 1.7% in same-store sales for the five weeks ended January 1, 2011. However, the drop in same-store sales narrowed considerably from a decline of 10.9% witnessed in the prior-year month and slightly from a decline of 2.1% in November 2010. This marked...
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Jim Cramer Positive On Obama Now
Thursday, January 6, 2011 - 3:48pm | 102Jim Cramer is on CNBC and he is positive on President Obama's choice of Bill Daley as the new chief of staff for the Obama administratoin. Daley is pro-business, as he's been on the boards of public companies like Ford (NYSE: F). Cramer said that this is great for business, and thus, great for the...
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Market Roundup (STZ, ROST, DAL, AMR, JBLU, LUV, MON)
Thursday, January 6, 2011 - 12:59pm | 334Shares of Constellation Brands (NYSE: STZ) lost about 4.8% after the company reported its FQ3 earnings at $0.65 per share, up from $0.20 per share, in the year-ago period. Excluding costs from a cider business sale, the company reported earnings at $0.66 per share. However, analysts were expecting...
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ICR Conference Could Be Positive For PLCE, J.P. Morgan Reports
Thursday, January 6, 2011 - 12:21pm | 134The Children's Place (NASDAQ: PLCE) has been under pressure in the last week (down 6% vs. the group flat) as there has been some concern that the company could miss its 4Q guidance given what looks like higher markdowns at stores and December snow storms in the Northeast (an important region for...
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Sterne Agee Lowers AEO Target To $15 From $16; Neutral Rating Maintained
Thursday, January 6, 2011 - 11:52am | 35Sterne Agee is lowering its PT on American Eagle Outfitters, Inc. (NYSE: AEO) to $15, down from $16, but maintains its Neutral rating. American Eagle Outfitters currently trades at $15.38.
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Options Brief: The TJX Companies (TJX)
Thursday, January 6, 2011 - 11:46am | 98Shares of The TJX Companies (NYSE: TJX) are higher on the session by 5.47%, trading at $45.35. Overall call volume is now running at 4.09x the daily average, with 64% of all calls traded being purchases on the offer. 1,747 contracts have traded on the session so far. The TJX Companies, Inc. is an...
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American Eagle Outfitters Skyrocketing After Weak December Same-Store-Sales (AEO)
Thursday, January 6, 2011 - 11:45am | 71American Eagle Outfitters (NYSE: AEO) is now trading sharply higher, despite reporting a weak December same-store-sales report, and lowering guidance for the fourth quarter. American Eagle reported a 11% drop in December sales at stores open a year, and cut its fourth guidance to 41-43 cents, from...
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Morning Market Losers (PSUN, WTSLA, ZUMZ, GCFB)
Thursday, January 6, 2011 - 11:15am | 114Pacific Sunwear of California Inc (NASDAQ: PSUN) dipped 14.44% to $4.68 at 10:15 am. PSUN lowered its projections for the fourth quarter. The Wet Seal Inc (NASDAQ: WTSLA) fell 13.81% to $3.37. WTSLA reported a 2.1% drop in its December comparable store sales. Zumiez Inc (NASDAQ: ZUMZ) shares...
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DSW Inc Enters Oversold Territory - Tale of the Tape
Thursday, January 6, 2011 - 11:03am | 109DSW Inc.'s (DSW) share price has entered into oversold territory with a stochastic value of 11.30. The Zacks Consensus Estimate on the company's earnings for 2011 increased by 11 cents over the past two months to $2.39 per share. DSW Inc is a Zacks #1 Rank (“Strong Buy”) company. DSW INC CL-A (DSW...
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Foot Locker Enters Oversold Territory - Tale of the Tape
Thursday, January 6, 2011 - 11:03am | 110Foot Locker, Inc.'s (FL) share price has entered into oversold territory with a stochastic value of 14.92. The Zacks Consensus Estimate on the company's earnings for 2011 increased by 2 cents over the past month to $1.07 per share. Foot Locker, Inc. is a Zacks #1 Rank (“Strong Buy”) company. FOOT...